Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

California School Fiscal Services

Providing comprehensive business office and consulting services to K-12 traditional schools and charters



Legislature passes budget and the bullet train is alive again!

Posted on June 14, 2014 at 9:15 AM

Yesterday, California lawmakers approved a 156 billion dollar state budget. It now goes to Governor Brown to approve and he has until the end of the month to move it forward or exercise his veto power.

As always, there were some interesting funding priorities. On a statewide level, the now infamous bullet train is alive again with a quarter of the budget or $68 million dollar devoted to the project. Now that is one expensive piece of transportation!

From an educational perspective, Brown made the controversial move to limit how much money a school district or charter can keep in its reserve account. This decision will surely result in much scrutiny from school business officials. As we all well know, the minimum economic uncertainty has never reported to be enough to negate any true emergency. Brown's response is that schools won't need to save a much cash since the state will have its own rainy day fund.

O.k, USC graduates...we know better...... First of all, we have just spent the last 5-7 years arranging for cash borrowing so that our districts and charters could survive the multitude to cash deferrals. In fact, we are all still dealing with this next month as we patiently wait for our April, May and June payment to arrive in July. We have struggled and struggled to manage our cash as the state passed on their cash problems to school districts to manage. Now we get to depend on the state's rainy day fund?

Second, the state is claiming it has a rainy day fund so there is really no reason for a school district to increase it reserves. Does this mean that when districts or charters need to access this rainy day fund that we can avoid the 20-30 years of consequences that occur with a state takeover? We know this is certainly not the case.

Last, while it is important that we steer clear of the politics inherent in the business office, we still have to weigh all of the facts. The California Teachers Assn. spent $4.7 million to help elect Brown in 2010 and donated nearly $290,000 to lawmakers, mostly Democrats, for this year's campaigns. This clearly raises the question "Is this a nod to the CTA to assist in making more funds available for compensation increases?"


Let me know your thoughts! Happy Monday.

Categories: California State Budget (2014-15)

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply adidas yeezy
5:01 AM on October 30, 2020 
I simply wanted to write down a brief comment to be able to thank you for some of the amazing points you are showing here. My rather long internet search has now been compensated with sensible points to share with my neighbours. I 'd repeat that most of us website visitors are really endowed to dwell in a useful site with very many marvellous people with useful secrets. I feel quite privileged to have used your entire webpages and look forward to many more cool times reading here. Thanks once again for all the details.
adidas yeezy
Reply yeezy boost 350
5:01 AM on October 30, 2020 
Thanks a lot for giving everyone an exceptionally superb chance to read from this website. It is usually very pleasant and packed with a lot of fun for me personally and my office fellow workers to search your website more than three times every week to read through the new secrets you will have. Not to mention, I am also always fascinated concerning the good tips and hints served by you. Certain 4 points in this article are undoubtedly the most beneficial I have had.
yeezy boost 350
Reply yeezy 350 v2
5:01 AM on October 30, 2020 
I am also commenting to let you understand of the great discovery my friend's girl encountered going through yuor web blog. She mastered a lot of issues, including what it is like to have an amazing giving mood to let the rest easily comprehend selected problematic subject matter. You actually surpassed people's expectations. Many thanks for producing the useful, healthy, informative and also easy tips on the topic to Evelyn.
yeezy 350 v2
Reply kevin durant shoes
5:01 AM on October 30, 2020 
Needed to draft you this little bit of word to help thank you the moment again for all the superb concepts you have featured at this time. It was so incredibly generous with you to convey unreservedly what exactly many people could possibly have marketed for an ebook to end up making some dough for themselves, mostly considering that you could have done it if you wanted. The tips as well served to become fantastic way to comprehend other people have a similar dreams like mine to learn a little more in respect of this problem. I'm sure there are thousands of more pleasant times up front for individuals that take a look at your site.
kevin durant shoes
Reply jordans
5:01 AM on October 30, 2020 
Thanks a lot for giving everyone such a pleasant possiblity to discover important secrets from this website. It really is so awesome and also packed with fun for me personally and my office acquaintances to visit your site at the least thrice in a week to learn the new items you have. Of course, I'm also usually motivated with your unbelievable methods you give. Selected 2 points on this page are completely the very best I've ever had.
Reply yeezy shoes
5:01 AM on October 30, 2020 
Thank you a lot for giving everyone an extremely marvellous chance to check tips from this blog. It is always so superb plus packed with a great time for me and my office co-workers to visit the blog nearly thrice in one week to read the new things you have. And of course, we are always fascinated with your brilliant creative concepts you give. Selected two points in this posting are truly the most effective we've had.
yeezy shoes
Reply stone island
5:00 AM on October 30, 2020 
I as well as my buddies were reading through the great key points on the website and then instantly I got a horrible suspicion I had not expressed respect to the web site owner for them. The women had been as a consequence joyful to read through all of them and have now quite simply been taking pleasure in them. Appreciate your genuinely simply accommodating and then for deciding upon some extraordinary topics millions of individuals are really eager to be aware of. My honest apologies for not expressing appreciation to sooner.
stone island
Reply air jordan
12:24 PM on October 28, 2020 
I truly wanted to construct a small word in order to say thanks to you for the precious tips you are giving here. My extended internet research has now been recognized with extremely good know-how to go over with my neighbours. I 'd believe that many of us site visitors are unquestionably endowed to be in a superb network with so many outstanding people with great tips. I feel pretty grateful to have encountered the weblog and look forward to really more amazing moments reading here. Thank you again for everything.
air jordan
Reply golden goose sneakers
12:24 PM on October 28, 2020 
I would like to show my thanks to this writer just for bailing me out of this particular situation. As a result of surfing around through the online world and finding tips which are not helpful, I thought my life was gone. Existing without the answers to the difficulties you have solved as a result of your entire post is a serious case, as well as those that would have in a negative way damaged my entire career if I had not discovered your blog. That understanding and kindness in dealing with a lot of stuff was invaluable. I don't know what I would've done if I hadn't come across such a stuff like this. It's possible to at this moment look forward to my future. Thank you so much for the specialized and results-oriented guide. I won't think twice to refer the sites to anybody who needs to have assistance on this topic.
golden goose sneakers
Reply golden goose sneakers
12:24 PM on October 28, 2020 
I have to get across my love for your generosity giving support to persons who actually need assistance with that area of interest. Your very own commitment to passing the solution throughout was astonishingly functional and have constantly helped folks much like me to get to their pursuits. Your new warm and friendly key points implies a great deal to me and somewhat more to my colleagues. Thanks a lot; from each one of us.
golden goose sneakers
Reply longchamp handbags
12:24 PM on October 28, 2020 
I just wanted to send a remark in order to thank you for these awesome information you are writing on this website. My incredibly long internet investigation has finally been rewarded with good quality knowledge to share with my friends. I 'd declare that we readers actually are very fortunate to dwell in a very good place with very many outstanding individuals with good solutions. I feel very much grateful to have encountered the website and look forward to really more amazing times reading here. Thank you again for a lot of things.
longchamp handbags
Reply yeezy boost 350 v2
12:24 PM on October 28, 2020 
I wanted to type a brief comment to be able to express gratitude to you for all of the marvelous hints you are placing at this site. My incredibly long internet research has at the end of the day been rewarded with pleasant facts and strategies to exchange with my friends and classmates. I would admit that most of us readers are unequivocally blessed to exist in a very good community with many perfect professionals with beneficial solutions. I feel very much privileged to have come across the site and look forward to many more amazing minutes reading here. Thanks a lot once more for all the details.
yeezy boost 350 v2
Reply supreme hoodie
12:24 PM on October 28, 2020 
Needed to draft you the bit of remark in order to give thanks over again with your exceptional basics you've documented here. It's quite particularly open-handed with you to offer extensively precisely what many of us would have advertised for an e-book in making some money on their own, primarily given that you could possibly have done it in the event you considered necessary. These concepts likewise worked as the fantastic way to know that other people online have the same eagerness just like my personal own to figure out way more on the topic of this matter. I'm sure there are some more enjoyable sessions up front for those who scan through your site.
supreme hoodie
Reply golden goose
12:24 PM on October 28, 2020 
I wish to voice my passion for your kindness for persons that need help on this important subject matter. Your special commitment to passing the solution across had been unbelievably useful and has regularly made folks just like me to attain their desired goals. Your new useful useful information signifies a whole lot to me and substantially more to my office colleagues. Thanks a ton; from everyone of us.
golden goose
Reply jordan 6
12:24 PM on October 28, 2020 
My wife and i got so lucky when Michael could round up his researching from your ideas he had from your very own web page. It is now and again perplexing just to continually be releasing facts which often a number of people might have been trying to sell. And we take into account we need the writer to thank because of that. The main explanations you've made, the easy site navigation, the friendships you can help to promote - it's got all powerful, and it's facilitating our son in addition to the family believe that this issue is thrilling, and that is unbelievably mandatory. Thanks for all!
jordan 6
Reply kobe 11
12:24 PM on October 28, 2020 
I'm just commenting to let you be aware of of the impressive experience my cousin's daughter developed browsing your web site. She came to find several details, with the inclusion of what it's like to have a very effective giving mindset to have many more with no trouble grasp various advanced subject areas. You truly did more than my desires. Thank you for delivering those precious, trusted, revealing and also cool thoughts on that topic to Kate.
kobe 11
Reply balenciaga shoes
5:55 AM on October 27, 2020 
I wish to point out my love for your generosity supporting men and women that must have help on that study. Your personal dedication to passing the message all-around was especially beneficial and have really permitted people just like me to realize their aims. The valuable instruction can mean so much a person like me and still more to my mates. Best wishes; from everyone of us.
balenciaga shoes
Reply birkin bag
5:55 AM on October 27, 2020 
I must express appreciation to you just for rescuing me from this problem. Because of searching through the world-wide-web and finding strategies that were not powerful, I was thinking my entire life was gone. Living devoid of the answers to the issues you've solved as a result of the post is a serious case, as well as those which may have negatively damaged my entire career if I had not discovered the blog. That training and kindness in handling all things was tremendous. I'm not sure what I would have done if I hadn't come upon such a subject like this. I'm able to now relish my future. Thanks for your time very much for the skilled and amazing guide. I won't think twice to refer your web blog to any person who should receive guidance about this subject.
birkin bag
Reply kawhi leonard shoes
5:55 AM on October 27, 2020 
I simply needed to thank you so much again. I am not sure the things I would have implemented without the type of information discussed by you on such a concern. It became a frightening difficulty in my position, however , noticing a specialised strategy you managed it forced me to jump over joy. I am grateful for the advice and sincerely hope you find out what a powerful job you're accomplishing training most people using your web site. Probably you have never come across any of us.
kawhi leonard shoes
Reply nike react
5:55 AM on October 27, 2020 
Thank you so much for giving everyone an extremely memorable possiblity to check tips from here. It's usually very lovely and packed with fun for me and my office peers to visit your website at the least thrice in 7 days to study the fresh tips you have. And lastly, I am just certainly happy considering the cool suggestions served by you. Some 4 areas in this posting are without a doubt the most impressive we have ever had.
nike react